- About this property
Ashleigh Court, Affordable, Prime, PerfectProperty ID ROT23435Don't miss out.
Constructed in 1994 Ashleigh Court is attractive and holds a prominent corner location on Fenton Street.
The 13 units are configured as:
5 one bedroom suites
3 twins studios
5 double studios
Business owners enjoy a comfortable, sufficient family friendly home comprising of 4 bedrooms and 1.5 bathrooms (1 full bathroom + 1 toilet).
Ashleigh Court Motel is located 1.3 km from Rotorua town centre and is only 10 minutes' walk from Rotorua Golf Club. The Rotorua Airport is less than 15 minutes' drive away.
A fresh operator with drive will see the fruits of their labour here. Ashleigh Court is ideal for a new entrant to the tourism industry. The current owners have experienced good success in Rotorua increasing their occupancy rate from below average to 70% + with in their time at the Motel and feel it is time for something bigger.
Solid 25% return on investment with upside.
14.5 years remaining on lease, with lease renewal rights.
Rotorua motel operators are experiencing high occupancy rates which adds to a healthy bottom line profit.
Business is bustling in Rotorua, being central and with a vast array of activities for your guests to experience, they are truly spoiled for choice, give them service and they will return.
Call today, don't wait and miss this excellent opportunity.
LOCAL TOUCH WITH GLOBAL REACH!
Call The Ray White Hotels team, Conor McEvoy & Matthew Shi today for further information.
InteriorOther Rooms Family Room Hot Water Gas Kitchen Standard Dining Openplan Bathroom Separate Bathrooms / Ensuite Stove Gas Retic Interior Joinery: Aluminium Interior Condition Good Floors Two Storey Heating Gas Lounge Combined Lounge Dining
ExteriorRoof Concrete Tile Exterior Weatherboard / Brick Exterior Condition Good Aspect Northerly / Southerly Frontage Street Levels Level With Road Amenities Transport / Shops Water Extra Features Town Section Contour Level Swimming Spa Pool Sewage City
ChattelsBlinds, Curtains, Dishwasher, Drapes, F/Floor Cover, Light Fittings, Rangehood, Stove, Waste Master, please see list attached